Posts Tagged ‘negative externalities’

  • airport congestion

    How to Reduce Your Commuting Delays

    Nov 10, 13 • 350 Views • No Comments

    Transportation can be called a “friction.” Costing us huge time and money, we spend as much on transportation in the US as on health care. And now, we might add $50 billion to the total. In New Orleans, talking about transportation, President...  [read more]

  • You can diminish the negative externalities of free city parking by using an app that lets you charge someone to use the space you vacate.

    Negative Externalities: Guaranteed Parking

    Jul 11, 13 • 920 Views • No Comments

    When we have guaranteed parking, we tend to drive more. Comparing the driving habits of residents living in 2 NYC communities, transportation researchers concluded that 31 percent more Jackson Heights, Queens residents drive to work than car owners who live...  [read more]

  • congestion..16655_8.18_000006973938XSmall

    A Tragedy of the Commons: City Streets

    Jul 7, 13 • 407 Views • No Comments

    As a frequent driver to NYC, I was surprised to learn how much space my car occupies. Driving down 5th Avenue at 15 kilometers an hour (9.3 MPH), my car requires 40 square meters of street (430 square feet). If I can accelerate to 30 km/h (18.6 MPH), then my...  [read more]

  • A Price Ceiling Has Unintended Consequences

    Do You Like Rent Control?

    Nov 30, 12 • 1057 Views • No Comments

    Asked if it makes sense to mandate lower rents for some apartments in large cities, many of us say yes. Lower rents facilitate diversity and they enable middle income municipal workers to live close to home. Affordability is good. Yes? The residents of...  [read more]

  • Singapore's Expensive VW Passats

    Singapore’s Pollution Solution

    Sep 25, 12 • 351 Views • No Comments

    When a country’s economy is ranked the 2nd freest in the world, how do they manage auto congestion and pollution? By auctioning a limited number of vehicle permits, Singapore makes owning a car very expensive. A VW Passat in Singapore could cost as...  [read more]